فارسی

South Korea limits Iran exports on payment concerns

and 8 related articles
 

South Korea limits Iran exports on payment concerns

Reuters - June 15, 2012
"Temporary" export ceiling measure started on June 12 * More details to be set if EU insurance issues finalised * New deals to be approved only if payment period within 180 days * Japan's lower house to pass bill to insure Iran oil on Friday-report * To allow sovereign guarantee to continue Iran imports SEOUL, June 14 (Reuters) - South Korea has imposed curbs on exports to Iran - mainly steel, cars and electronics - to reduce its risk of payment defaults as western sanctions disrupt Iranian oil exports, highlighting the growing risk of ...

 

Hyundai Oilbank shelves $2bn IPO

Financial Times - June 15, 2012
a in Seoul and Robert Cookson in Hong Kong/ Hyundai Oilbank has shelved its planned $2bn initial public offering due to Europe’s debt crisis and lower risk appetite in global stock markets. “We’ve decided to suspend the offering due to uncertainties over the IPO’s success as the euro zone crisis is spreading across the world and investor sentiment has turned weaker,” the oil refiner said./ Hyundai said it would reconsider the IPO, which would have been the country’s biggest this year, when market conditions improve so that its corporate ...

 

Japan lower house passes bill to insure Iran oil imports

Reuters - June 15, 2012
Japan's lower house passed a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, a key step towards it becoming the first of Iran's big Asian oil buyers to get round new European Union sanctions. The bill will now be sent to the upper house, where opposition parties have the majority but have signaled their support. It will become law by around June 27 if passed before the current parliamentary session ends next Thursday, said a government official who requested anonymity. The Japanese government, which ...

 

Iran crude buyer Hyundai Oilbank drops $2 bln IPO plan

Reuters - June 14, 2012
Hyundai Oilbank cites impact of euro zone crisis * Refiner is South Korea's biggest buyer of Iran crude * Latest in series of major Asian IPOs to be pulled or delayed * Company says will revive float when conditions improve (Adds details) SEOUL, June 15 (Reuters) - South Korean refiner Hyundai Oilbank, a heavy user of Iranian crude, postponed its planned $2 billion initial public offering on Friday due to the euro zone crisis, and ahead of a pending suspension of Iran crude imports on western sanctions. The pullback adds to a series of ...

 

South Korea limits Iran exports on payment concerns

Yahoo! News - June 14, 2012
mainly steel, cars and electronics - to reduce its risk of payment defaults as western sanctions disrupt exports, highlighting the growing risk of doing business with the Islamic Republic. The move to limit the trade exposure of Asia's fourth-largest economy, which sold $1.7 billion of goods in Iran in the first quarter of this year, was announced by South Korea's leading trade and business body and came into effect this week. Fresh export deals to Iran will be approved only if their payment period is within 180 days to reduce uncertainty ...

 

Japan to pass bill to insure Iran oil imports

Yahoo! News - June 14, 2012
's lower house is set to pass a bill on Friday to provide on insurance for Iranian crude cargoes, making it the first of 's big Asian buyers to find a way to keep the oil flowing in the face of tough new EU sanctions. takes effect on July 1 and includes a ban on EU insurance firms from covering Iran's exports. That is a headache for Japan, , who together buy two thirds of Iran's oil exports and rely on EU companies to insure them. EU and U.S. sanctions aim to cut the oil revenues on which Tehran depends to force the Islamic Republic to curb ...

 

Japan's lower house passes bill to insure Iran oil imports

India Times - June 15, 2012
Advertisement/ TOKYO: Japan's lower house passed a bill on Friday to provide government guarantees on for Iranian crude cargoes, a house spokeswoman said, a key step towards it becoming the first of Iran's big Asian oil buyers to get round new The bill will now be sent to the upper house, where opposition parties to the ...

 

South Korea shipping companies suspend Iran oil imports

India Times - June 15, 2012
Advertisement/ SEOUL: Two South Korean shipping companies said Friday they had this month suspended importing crude from due to a looming EU oil embargo that could effectively halt shipments of Iranian oil from July. , which handles refiner SK Energy's crude shipments, said it shipped its last cargo from Iran early this ...

 



Copyright © Kodoom.com, All rights reserved.

Hot News

Iran says settlement on New York skyscraper 'illegal'

Yahoo! News – Two hours ago
  • US says forfeiture over Iran assets in New York, elsewhere will be ... (Fox News)
  • Iran slams US court ruling to expropriate NY tower (Press TV)
» 5 articles
 

Iran vice president says row over reactor resolved

Yahoo! News – Two hours ago
  • Report: Iran VP says row over reactor resolved (Washington Post)
  • Iran Says It Would Redesign Heavy-Water Reactor as Concession to West (Wall Street Journal)
» 8 articles
 

General Urges Iran To Pick New UN Envoy

Radio Free Europe – Four hours ago
  • Iran general urges Tehran to make new UN pick (Washington Post)
  • Obama signs law to block Iran's U.N. ambassador (Christian Science Monitor)
» 14 articles
 

Utah plane in Iran: Mystery solved

Christian Science Monitor – Six hours ago
  • Iran says plane at airport leased to Ghana after U.S.-flagged plane ... (Yahoo! News)
  • Iran dismisses American plane landed in Tehran (Tehran Times)
» 6 articles
 

Rohani: Iran Seeks Peace

Radio Free Europe – 23 hours ago
  • Rouhani says Iran bears no hostility to the world (Yahoo! News)
  • Iran: Rouhani talks peace, outreach at army parade (Washington Post)
» 6 articles
 

Iran oil exports rise to 1.2 mn barrels per day

Yahoo! News – Apr 18, 2014
  • India oil imports from Iran rise 43% in Q1 2014 (Tehran Times)
  • Iran oil exports fall for first time in five months (Reuters)
» 10 articles
 

Iran ahead of schedule in complying with nuclear deal, UN watchdog says

Christian Science Monitor – Apr 17, 2014
  • UPDATE 1-Iran expects next payment under nuclear deal, signalling ... (Reuters)
  • Iran slashes highly-enriched nuclear stock: UN watchdog (Yahoo! News)
» 14 articles
 

Iran keen to boost defense ties with Azerbaijan: VP

Press TV – Apr 16, 2014
  • No country can attack Iran via Azerbaijan's soil: Defense Minister (Payvand)
  • Iran wants to have strong Azerbaijan among its neighboring countries (Trend)
» 3 articles
 

Official: Iran Will Not Discuss Missile Program

NPR – Apr 16, 2014
  • Official: Iran will not discuss missile program (Washington Post)
  • Iran Says Missile Program Off-Limits In Nuclear Talks (Radio Free Europe)
» 4 articles
 

US: No visa for Iran UN envoy over hostage crisis 'role'

Yahoo! News – Apr 15, 2014
  • Iran Asks UN to Address US Refusal to Issue Envoy Visa (VOA News)
  • Iran protests US visa denial for UN ambassador pick (Fox News)
» 10 articles
 

All of the news articles are automatically extracted by Kodoom's News Robot. Content of articles does not necessarily reflect Kodoom.com's views.


Back to Top